The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Israel can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Israel bank accounts or pay a Israeli new sheqel invoice.
CAD to ILS Market Data
Canadian dollar (CAD) to Israeli new sheqel (ILS) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD to ILS is at 30-day highs near 2.6482, 1.9% above its 3-month average of 2.5981, having traded in a relatively stable 7.2% range from 2.5300 to 2.7125
Is the CAD to ILS Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the Israeli new sheqel is to review how the CAD/ILS rate has changed over time.
The table below shows the percentage change in the CAD to ILS exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/ILS
Change
Period
02 Jun 2025
2.5735
3% ▲
2 Week
18 Mar 2025
2.5653
3.4% ▲
3 Month
16 Jun 2024
2.7097
2.1% ▼
1 Year
17 Jun 2020
2.5413
4.3% ▲
5 Year
19 Jun 2015
3.1205
15% ▼
10 Year
21 Jun 2005
3.6772
27.9% ▼
20 Year
CAD/ILS historic rates & change to 16-Jun-2025
#FX Update: CAD/ILS hits 2.6482, up 1.9% from 3M avg despite oil price decline. Analysts note shekel's volatility due to geopolitical tensions & BOI intervention. Forecast mixed - CAD strength may continue short-term but watch oil prices & Mideast developments. $CADILS
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Israeli new sheqel across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
The standard OFX CAD-ILS rate is 2.5229, -1.8% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Israeli new sheqel (ILS) rates from different sources before making a conversion.
The above
Loonie to Shekel comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-ILS mid-rate and the possible savings of using various providers.
How do CAD-ILS rates compare between providers?
Looking at the full
CAD to ILS - Send Money comparison table the provider with the best CAD to ILS exchange rate is OFX at 2.5561, -0.5% from the latest mid-market rate 2.5689.
The next best is Wise at 2.5538, -0.59% from the mid-rate.
Then XE at 2.5535, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
The recent forecast for the CAD to ILS exchange rate reveals a mixed outlook influenced by both oil price dynamics and geopolitical factors impacting the Israeli shekel.
The Canadian dollar (CAD) remains mixed in its performance against the US dollar (USD), even in the face of declining oil prices, which typically influence the...